Citi thinks startups are missing out on a big opportunity and is inviting startups to disrupt institutional banking; Citi has taken a close look at thousands of fintech startups so far and has taken a position in about 30 so far; “Contrary to the common belief, I think there is more opportunity for collaboration with fintech than disruption,” Naveed Sultan, global head of treasury and trade solutions for Citi said during a fireside chat reported by TechCrunch. “Particularly on the institutional side.” Source.
